Property prices for rent in Highwood (Illinois)

The rent prices in real estate in Highwood, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,489
Average price last 6 months
$17.27
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Highwood has had a strong fall during the last 6 months. In January, the average price per sq.feet was $38.61. In the following month the price per sq.feet fell considerably to $1.75. The price for the following two months in (March, April) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable rise of 218 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $10.34 to $22.5 during May, and June.

Average price

When referring to the price in Highwood (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $1,501. In February This price remains at $1,466. During the following two months (March, April) the average price had a considerable fall of 50 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 135 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,520 they are 12 % more affordable than the average price for Highwood . The properties with the lowest average price have 3 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,482.

With regard to the average prices per sq.feet those properties with 3 bedrooms are 20 % more affordable than the average price of ($35 / sq.feet) in Highwood. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 20 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,520 it is 6 % more affordable than the average price in Highwood. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "". At a price of $1,426 it is 2 % more affordable than the average price.

According to the average area price by sq.feet the most affordable property type is "Townhouse with an average cost of $35 / sq.feet. "Townhouse" with an average price of $35 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Highwood
Number of properties used in region Illinois
$1,520
$44
446
164,026
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value